3, COTMAN CLOSE, GREENLEYS, MILTON KEYNES, MK12 6AF - £160,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 COTMAN CLOSE is a midsized terraced house of 114m², built sometime between 1967 and 1975, which could now be worth an estimated £248,703. It was last sold for £160,000 in August 2014, which was around 6% below the average August 2014 terraced price in the Milton Keynes local authority area. The most recent EPC inspection was November 2020, where the current energy rating was F, and the potential energy rating was B.

3 COTMAN CLOSE Sold Prices

Land registry data shows two sales for 3 COTMAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. One of the two 3 COTMAN CLOSE sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 29 AUG	£160,000	£170,702	6% below HPI
2001 31 AUG	£81,000	£74,406	9% above HPI

3 COTMAN CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Milton Keynes local authority area over time, sourced from the HPI. The two 3 COTMAN CLOSE sales from August 2001 and August 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2001 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2014 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 3 COTMAN CLOSE be worth now?

3 COTMAN CLOSE might now be worth an estimated £248,703.

This is based on house price inflation of 55.4%, between August 2014 and April 2026, for terraced houses, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.4% inflationary increase is applied to the most recent sale price for 3 COTMAN CLOSE of £160,000 on 29th August 2014. For the value to have increased from £160,000 to £248,703 over the twelve years and four months to April 2026, the following assumptions must hold true:

• The value of 3 COTMAN CLOSE has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The August 2014 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 3 COTMAN CLOSE has not materially changed since August 2014.

How Large is 3 COTMAN CLOSE?

3 COTMAN CLOSE is 114m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 50% of terraced houses houses in Milton Keynes, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Milton Keynes, and where 3 COTMAN CLOSE lies on this distribution: 40% of terraced houses houses are smaller than 3 COTMAN CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 COTMAN CLOSE: Plot and Title Map

3 COTMAN CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 3 COTMAN CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 COTMAN CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 COTMAN CLOSE?

3 COTMAN CLOSE is located in GREENLEYS, in the MK12 postcode district. The below map shows the position of No. 3 on COTMAN CLOSE.